Transactions: Kayne-MBRE buys MOBs for $139.5M

ROFR opens door to acquisition of two assets developed by Meadows & Ohly

One of the MOBs acquired from Meadows & Ohly was the 123,000 square foot Piedmont Medical Plaza in Newnan, Ga., a south Atlanta suburb. The facility, which was completed in 2012, is on the campus of Piedmont Newnan Hospital.

 

 

 

 

 

 

 

 

 

 

By John B. Mugford

A partnership of Los Angeles based Kayne Anderson Capital Advisors LP and Chicago-based MBRE Healthcare in January acquired two medical office buildings (MOBs) in Greater Atlanta from longtime healthcare real estate (HRE) development firm Meadows & Ohly, based in Peachtree Corners, Ga.

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